Alice Walton to divest her cutting horse business
Alice Walton, daughter of Wal-Mart Stores founder Sam Walton, is selling her cutting horse business which she runs near Fort Worth, Texas, according to The Dallas Morning News blogpost.
She has raised six championship horses since 2000, but is now selling the business to focus more on Crystal Bridges Museum of American Art in Bentonville and her other endeavors. Walton told the media that the museum takes up a lot of her time since its opening in 2011. The horse sale and business demonstration and sale are slated for Sept. 21 and 22.
Walton, 65, was quoted in a blog post published by Western Bloodstock Ltd, the company conducting the sale, saying she plans to continue living in Fort Worth, but is realigning her priorities.